The Canbelego Project covers an area of approximately 40km² of copper perspective ground, located 45km south-east of Cobar and 5km south of the historic Mt Boppy Mine (produced ~500,000 oz at +10g/t Au) in Central NSW. Historic production from the Canbelego Copper mine – 10,000t of hand-picked ore grading 5% Cu reported production to 1920, mining stopped at water table (~80m).
The tenement (EL6105) covers a 10km long north-west trending magnetic complex with numerous historical copper workings hosted in variably altered sediments and volcanoclastics (this is surrounded by Helix’s 100% owned tenure, giving a total strike of approximately 30km of prospective strike – refer figure1).
Structural remobilisation is considered an important control on high-grade copper in these mineralised systems, termed CSA Mine-style base metal deposits. Copper mineralisation is developed as structurally controlled, sub-vertically plunging, semi-massive to massive sulphide shoots.